Catlin Insurance Co. (UK) News

XL Catlin Introduces Brexit Continuity Clause to Address Risk of Loss of EU Passporting

XL Catlin’s London-based insurance operation has introduced a Brexit contract continuity clause. The clause addresses the risk that contracts written by XL’s London-based entities prior to Brexit may become impermissible if passporting rights are lost as a consequence of the …

S&P Revises Outlook on Global Multiline Insurer XLIT to Positive; Affirms Ratings

Standard & Poor’s Ratings Services has revised its outlook on the global multiline insurer XLIT Ltd. and its operating companies (collectively XL) to positive from stable. S&P has also affirmed its ‘A-‘ issuer credit and senior debt ratings on XLIT …